In 2023, the global powdered cellulose market is expected to be worth US$ 183.8 million. The market is expected to grow at a sluggish but consistent CAGR of 4.9% between 2023 and 2033. The market’s worth is expected to reach US$ 297.4 million in 2033. Natural materials that are rich in dietary fibre, such as bamboo, cotton …
Monthly Archives: August 2023
Mesh Bags Revolutionize Retail Packaging: High Product Visibility and Freshness Preservation Catapult Demand for Customizable, Breathable Carriers
The Mesh Bags Market is experiencing remarkable growth driven by the increasing demand for sustainable and reusable packaging solutions. These versatile bags find diverse applications in agriculture, retail, and beyond, offering a perfect balance of freshness and convenience. As consumers shift towards eco-conscious practices, mesh bags have become a popular choice for reducing plastic waste and promoting …
Liquid Filling Machines Market: Navigating Industrial Shifts and Global Crises to Achieve $5.6 Billion Sales by 2032, Propelled by Automation and COVID-19 Influences
The liquid filling machines market has demonstrated remarkable growth potential, with an anticipated surge to US$ 3.2 billion by 2022 and a projected CAGR of 5% up to 2032. This expansion is propelled by the machines’ compact design, high-speed filling capabilities, and advanced features like foam reduction, curbing liquid wastage. Aiding this momentum is the …
Europe and North America Spearhead Adoption: Portion Packs Market Growth Fueled by Addressing Food Waste Crisis
The global portion packs market has demonstrated significant potential, with consumption valued at US$3.6 billion in 2021 and a projected CAGR of 6.6% driving it to a valuation of US$7.3 billion by 2032. The dominance of the top 5 providers, holding 15-20% market share in 2022, is expected to fuel demand. The pouches & sachets …
Global Molded Fiber Trays Market to Expand 1.6x by 2032: Europe and Asia Lead Demand Amidst Sustainable Packaging Trend
The molded fiber trays market is on a robust growth trajectory, with an estimated worth of US$2.6 billion in 2022, poised to ascend to US$4.3 billion by 2032, reflecting a steady 5.0% Compound Annual Growth Rate (CAGR). The driving force behind this expansion is the escalating consumer consciousness regarding sustainable packaging solutions, coupled with the …
PE Films Market Poised for Strong Growth: Estimated to Reach US$ 79.2 Billion by 2032, Fueled by E-commerce and Food & Beverage Expansion
The PE films market is poised for substantial growth, with an estimated value of US$ 52 billion in 2022. This positive trajectory is projected to continue with a promising demand outlook, propelling sales to grow at a commendable Compound Annual Growth Rate (CAGR) of 4.3% throughout the forecast period. By 2032, the market valuation is …
POS Terminal Market to Surpass US$ 142.8 Bn by 2032: Demand for Mobile POS Terminal to Drive Growth
The POS terminal market generated $68.2 billion in 2021. The POS terminal market is anticipated to increase at a CAGR of 9.4% from 2022 to 2032 and reach roughly US$ 180.4 billion. The provision of electronic devices and systems used in retail environments, including shops, eateries, and other companies, is referred to as the POS …
Robust Anticipated Growth in Global Phenoxycyclophosphazene Market: Driven by Rising Epoxy Resin Needs in Electronics Sector
The Global Phenoxycyclophosphazene Market is expected to attain a valuation of US$ 147.68 million in 2023 and is projected to reach US$ 245.88 million by 2033, rising at a CAGR of 5.2% during the forecast period. The global population growth and rapid urbanization have resulted in an increased number of construction and remodeling projects. This …
Phenolic Boards Market Poised for Strong Growth: Projected CAGR of 3.63% to Achieve US$ 5.0 Billion Valuation by 2032
The global Phenolic Boards Market was worth US$ 3.5 Billion in the year 2022 and is expected to reach US$ 5 Billion by the year 2032 at a CAGR of 3.63% between 2022 and 2032. Phenolic panels/compact phenolic panels (better known as phenolic boards) could be referred to as plates comprising a core made up …
Global Dimethyl Sulfoxide (DMSO) Market Poised to Reach US$ 871.8 Million by 2033: Market Projections and Insights
The Global Dimethyl Sulfoxide (DMSO) Market is expected to be worth US$ 515.2 million in 2023, expanding at a 5.4% CAGR through 2033. The market is projected to be worth US$ 871.8 million by 2033. Several factors drive the DiMethyl Sulfoxide (DMSO) industry. Its extensive use as a powerful solvent in various applications, including pharmaceuticals, …